The $913 million First Financial Credit Union in Albuquerque, N.M., announced it has committed $1 million over the next three years to support financial literacy education for high school students throughout New Mexico.
First Financial teamed up with Stukent, an Idaho Falls, Idaho-based education fintech, to create a financial literacy program that includes simulation exercises. The program, designed to enhance students' understanding of budgeting, saving, investing, loans, credit scores and other fundamental financial concepts, will be available to students at over 300 public and private high schools in the state. Thanks to the credit union's $1 million investment, the program will be offered at no cost to schools, students' families or the state's taxpayers.
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